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RJ"it’s just that instead of putting this money into financial markets, it would be allocated to government, or other public institutions,"And this is very wrong. Hopefully My Corbyn has a better understanding. QE is an asset swap where the BoE buys back Govt bonds on the open market. The BoE DOES N...

7 hours ago

RJOf course QE for the people will not reduce the Govt deficit. As the article rightly points out, QE is an asset swap where BoE reserves are swapped for Govt bonds. It increases the amount of money (bank deposit) only when the bonds are purchased from a non bank.So in effect the Govt deficit spending...

7 hours ago

Daniel KeyI'm so impressed that Corbyn has picked Richard Murphy as his economist. I read 'The Courageous State' last year and it has some great policies for improving the UK economy across the board. I really think there is a chance of getting PM policies into Labour manifesto if Corbyn wins and you get enou...

22 hours ago
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Marco SabaThe two religions that will kill us all: bankism and nuclearism.Goldman Sachs Nukes Earth http://rense.com/general96/gol......

Yesterday
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Jordan1414Great post, visit here for more http://www.perceptionfinance.c......

5 days ago

PeterThis link should workhttp://podcasts.canstream.co.u......

2 weeks ago

Divbroken link...

2 weeks ago
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Morry JudeHOW I GET A LEGIT LOAN OF @ 2% INTEREST RATE I was not sure of getting a legit loan lender online But when i could not face my Debt any more, my son was on hospital bed for surgery that involve huge money and i also needed some money to refinance and get a good home then i have to seeks for Assi...

3 days ago

RJI'm know I'm right on these two points. (So that makes you wrong)Govt spending creates new reserves. (Tax and bonds drain these reserves). This is a fact. But some get tied in a knot as to what comes first. The tax/bond issue or the Govt spending. But where do the initial reserves come from. And ban...

5 days ago

Speedfriendsorry you are wrong"Some get angry when I point this out as they think banks only loan money that is deposited with them by someone else."An individual bank can only make a loan if it have received money already deposited with it (or raised in the capital markets). That is the only way it can get ce...

5 days ago
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